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NAIC defends climate work against political questioning
18 September 2024Commissioners' association says states are best positioned to address insurance crisis
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US National Science Foundation and FIO to fund terrorism and cyber cat modelling research
29 April 2024The parties are seeking research proposals designed to improve modelling of these perils
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US insurer climate data collection should avoid duplication, FIO told
08 November 2023APCIA said state regulators have already been collecting climate date for years
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US Senators grill regulators over private equity ownership and climate
21 September 2022This month's US Senate Banking Committee hearing on insurance shone a light on where politicians have the biggest concerns about the sector. Sarfraz Thind reports
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The FIO's climate letters reveal burning desires
30 November 2021The Federal Insurance Office (FIO) has published a raft of comment letters after its request for information on climate regulation. Could this be the tinder to spark new rules? Sarfraz Thind reports
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FSOC climate report: more talk than action
01 November 2021US Federal authorities released their much-awaited report on climate risk in the finance industry. Though comprehensive on current practices, the report treads lightly in its recommendations for what should be done. Sarfraz Thind explains
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US seeks to plug insurers' data scarcity on climate risk
01 September 2021Public comments are being sought to help the US insurance sector address climate change
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IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions
19 November 2019"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports
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Team USA under pressure from Senate to reject bad ICS deal
13 September 2019Vote on ICS 2.0 is due in November
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NAIC approves law on EU-US covered agreement
26 June 2019States receive go-ahead to implement pact designed to reduce reinsurer collateral